FGIKX vs. FSELX

Last updated Aug 5, 2026

FGIKX (Fidelity Growth & Income Portfolio Class K) and FSELX (Fidelity Select Semiconductors Portfolio) are both mutual funds - FGIKX is a Large Cap Value Equities fund managed by Fidelity, while FSELX is a Semiconductors fund managed by Fidelity. Over the past 10 years, FGIKX returned 14.03%/yr vs 35.21%/yr for FSELX. Their 0.72 correlation means they have sometimes moved together and sometimes differently. FGIKX charges 0.49%/yr vs 0.68%/yr for FSELX.

Performance

FGIKX vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth & Income Portfolio Class K (FGIKX) and Fidelity Select Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FGIKX achieves a 12.83% return, which is significantly lower than FSELX's 51.40% return. Over the past 10 years, FGIKX has underperformed FSELX with an annualized return of 14.03%, while FSELX has yielded a comparatively higher 35.21% annualized return.

FGIKX

• 1D: 1.60%
• 1M: 2.54%
• 6M: 9.10%
• YTD: 12.83%
• 1Y: 19.30%
• 3Y*: 19.23%
• 5Y*: 14.00%
• 10Y*: 14.03%
• ALL TIME*: 9.49%

FSELX

• 1D: 1.18%
• 1M: -6.96%
• 6M: 37.68%
• YTD: 51.40%
• 1Y: 83.96%
• 3Y*: 54.32%
• 5Y*: 38.10%
• 10Y*: 35.21%
• ALL TIME*: 16.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FGIKX Fidelity Growth & Income Portfolio Class K	$0.00	$0.00	$0.00
FSELX Fidelity Select Semiconductors Portfolio	$0.00	$0.00	$0.00

FGIKX vs. FSELX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FGIKX Fidelity Growth & Income Portfolio Class K	12.83%	19.16%	19.57%	18.75%	-4.88%	25.95%	8.09%	30.39%	-8.88%	17.03%
FSELX Fidelity Select Semiconductors Portfolio	51.40%	52.17%	49.68%	78.49%	-35.27%	59.16%	44.33%	64.50%	-12.01%	34.51%

Correlation

The correlation between FGIKX and FSELX is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.58
Correlation (3Y) Balances recent behavior with more history.	0.64
Correlation (5Y) Shows whether the relationship held over a longer period.	0.68
Correlation (10Y) Provides a long-term view across more market conditions.	0.66
Correlation (All Time) Calculated using the full available price history since May 9, 2008	0.72

The correlation between FGIKX and FSELX shifts across timeframes, from 0.58 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FGIKX vs. FSELX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FGIKX

FGIKX Risk / Return Rank: 69
FGIKX Sharpe Ratio Rank: 70
FGIKX Sortino Ratio Rank: 68
FGIKX Omega Ratio Rank: 66
FGIKX Calmar Ratio Rank: 67
FGIKX Martin Ratio Rank: 75

FSELX

FSELX Risk / Return Rank: 82
FSELX Sharpe Ratio Rank: 87
FSELX Sortino Ratio Rank: 72
FSELX Omega Ratio Rank: 72
FSELX Calmar Ratio Rank: 87
FSELX Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FGIKX vs. FSELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth & Income Portfolio Class K (FGIKX) and Fidelity Select Semiconductors Portfolio (FSELX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FGIKX	FSELX	Difference
Sharpe ratio: Return per unit of total volatility	1.83	2.15	-0.32
Sortino ratio: Return per unit of downside risk	2.56	2.55	+0.01
Omega ratio: Gain probability vs. loss probability	1.33	1.34	0.00
Calmar ratio: Return relative to maximum drawdown	2.48	3.26	-0.78
Martin ratio: Return relative to average drawdown	10.34	13.22	-2.88

FGIKX vs. FSELX - Sharpe Ratio Comparison

The current FGIKX Sharpe Ratio is 1.83, which is comparable to the FSELX Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of FGIKX and FSELX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FGIKX vs. FSELX - Drawdown Comparison

The maximum FGIKX drawdown since its inception was -62.07%, smaller than the maximum FSELX drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for FGIKX and FSELX.

Drawdown Indicators

	FGIKX	FSELX	Difference
Max Drawdown Largest peak-to-trough decline	-62.07%	-82.54%	+20.47%
Max Drawdown (1Y) Largest decline over 1 year	-8.33%	-26.87%	+18.54%
Max Drawdown (3Y) Largest decline over 3 years	-17.20%	-36.31%	+19.11%
Max Drawdown (5Y) Largest decline over 5 years	-19.20%	-46.37%	+27.17%
Max Drawdown (10Y) Largest decline over 10 years	-35.61%	-46.37%	+10.76%
Current Drawdown Current decline from peak	0.00%	-19.94%	+19.94%
Average Drawdown Average peak-to-trough decline	-10.56%	-28.63%	+18.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	6.62%	-4.63%

Volatility

FGIKX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Growth & Income Portfolio Class K (FGIKX) is 3.23%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 15.59%. This indicates that FGIKX experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGIKX	FSELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.23%	15.59%	-12.36%
Volatility (6M) Calculated over the trailing 6-month period	8.44%	34.29%	-25.85%
Volatility (1Y) Calculated over the trailing 1-year period	11.32%	40.78%	-29.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.49%	40.42%	-24.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.39%	35.85%	-18.46%

FGIKX vs. FSELX - Expense Ratio Comparison

FGIKX has a 0.49% expense ratio, which is lower than FSELX's 0.68% expense ratio.

Dividends

FGIKX vs. FSELX - Dividend Comparison

FGIKX's dividend yield for the trailing twelve months is around 6.59%, less than FSELX's 10.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGIKX Fidelity Growth & Income Portfolio Class K	6.59%	7.74%	4.66%	4.03%	3.52%	6.11%	3.71%	2.94%	3.51%	1.63%	1.92%	2.23%
FSELX Fidelity Select Semiconductors Portfolio	10.82%	11.11%	7.97%	7.20%	6.69%	6.99%	8.13%	3.36%	26.80%	14.44%	3.82%	15.22%

Frequently Asked Questions

Can I hold both FGIKX and FSELX in my portfolio?

FGIKX and FSELX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FGIKX or FSELX?

FSELX has higher volatility (15.59%) compared to FGIKX (3.23%). In terms of maximum drawdown, FGIKX dropped -62.07% vs FSELX's -82.54%.

Which has better risk-adjusted returns?

FSELX currently has the higher Sharpe Ratio (2.15 vs 1.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.